Conventional adjustable mortgage (ARM) Application, originator, mortgage broker
Nationstar Mortgage Mortgage department,
Conventional adjustable mortgage (ARM) Application, originator, mortgage broker California
I have a mortgage with nationstar. last year, they ( greenlight loans ) pestered me to refinance. they do this by first emailing you, then sending letters, then calling. i wanted to refinance so i began the process. ultimately, they promised a rate lock of 4.125 %, but it slid up to 4.375 % based on ltv ratio and subjective interpretation of fico scores. eventually they denied my application, even while i still have a loan with i think what is their parent company. it started all over again this year, about the same time. ultimately, now all paperwork is completed except they are waiting for a subordination agreement with - who holds a second. this waiting has been since late - or - - when i challenged them to push - to get it done, they said their protocol is not to pester lienholders. i bought down from - to - with about - point, or $ -. the rate lock agreement expires - - what i see now is that most likely they are waiting for the agreement to expire and then raise the rate. this sounds like a scam to me to suck you in early on and then jump the rate when you are exhausted and tired of waiting. i could have gone with a legitimate firm had i realized what was going on. i would really like you to investigate these practices.
Nationstar Mortgage customer in California
Dec 08, 2015
* Source: CFPB Complaint Database
Nationstar Mortgage response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | https://www.nationstarmtg.com/ |
Phone | 888-480-2432 |
[email protected] | |
Address | PO Box 619098 Dallas TX 75261 |
Nationstar Mortgage | |
Nationstar Mortgage |
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